What a Family Office Actually Does

A family office is less a place than a function: coordinating the people and strategies around a family’s wealth. Here is how to think about it.

A family office coordinates the disciplines — legal, tax, wealth, business, and more — around a family’s overall strategy, so the family is not left connecting everyone themselves.

Rather than replacing the professionals a family already trusts, the role of the family office is to bring them together, keep the strategy aligned, and carry it forward as circumstances change.